QD Laser Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	3,566	3,754	4,836	3,581	2,821	3,224
Cash & Short-Term Investments	3,566	3,754	4,836	3,581	2,821	3,224
Cash Growth	-13.26%	-22.37%	35.05%	26.94%	-12.50%	120.22%
Accounts Receivable	222	260	302	380	282	225
Other Receivables	30	40	107	78	79	82
Receivables	252	300	421	481	380	307
Inventory	500	457	485	543	511	805
Prepaid Expenses	24	16	13	9	16	11
Other Current Assets	29	27	7	3	1	2
Total Current Assets	4,371	4,554	5,762	4,617	3,729	4,349
Property, Plant & Equipment	243	283	352	266	254	288
Long-Term Investments	268	285	27	27	25	25
Other Intangible Assets	4	4	4	6	8	10
Other Long-Term Assets	2	1	1	2	2	3
Total Assets	5,271	5,505	6,146	4,918	4,018	4,675
Accounts Payable	87	129	143	204	144	219
Accrued Expenses	58	54	51	50	49	55
Current Portion of Long-Term Debt	-	-	7	8	91	257
Current Portion of Leases	-	-	-	-	3	3
Current Income Taxes Payable	30	44	228	166	86	137
Other Current Liabilities	35	29	15	8	10	19
Total Current Liabilities	210	256	444	436	383	690
Long-Term Debt	-	-	-	7	15	107
Long-Term Leases	-	-	-	-	-	4
Long-Term Deferred Tax Liabilities	1	1	3	3	4	4
Other Long-Term Liabilities	2	29	32	33	34	62
Total Liabilities	213	286	479	479	436	867
Common Stock	55	55	53	3,270	2,564	2,242
Additional Paid-In Capital	6,253	6,252	6,250	5,754	5,047	4,726
Retained Earnings	-1,252	-1,088	-642	-4,591	-4,041	-3,160
Comprehensive Income & Other	2	-	6	6	12	-
Shareholders' Equity	5,058	5,219	5,667	4,439	3,582	3,808
Total Liabilities & Equity	5,271	5,505	6,146	4,918	4,018	4,675
Total Debt	-	-	7	15	109	371
Net Cash (Debt)	3,566	3,754	4,829	3,566	2,712	2,853
Net Cash Growth	-13.19%	-22.26%	35.42%	31.49%	-4.94%	250.49%
Net Cash Per Share	85.39	89.90	116.00	98.25	77.47	106.82
Filing Date Shares Outstanding	41.76	41.76	41.74	37.38	35.75	31.43
Total Common Shares Outstanding	41.76	41.76	41.74	37.38	35.75	31.43
Working Capital	4,161	4,298	5,318	4,181	3,346	3,659
Book Value Per Share	121.11	124.97	135.78	118.76	100.20	121.14
Tangible Book Value	5,054	5,215	5,663	4,433	3,574	3,798
Tangible Book Value Per Share	121.01	124.88	135.68	118.60	99.98	120.83
Order Backlog	-	335	303	326	238	135

Source: S&P Global Market Intelligence. Standard template. Financial Sources.